Harnessing SME Job Creation Potential

Summary

A resolution on how to better support small and medium-sized enterprises (SMEs) to drive job growth in the EU by reducing burdens and improving access to finance.
10 15.09.2016
Other
economy
education
social policy
public administration
business and competition
employment and working conditions

Key points

  • SMEs are the backbone of the European economy, representing nearly 99% of all companies.
  • Addressing structural issues like skills shortages and regulatory uncertainty is vital for SME success.
  • The tax burden should be shifted away from labour to other sources to improve competitiveness.
  • Vocational training and apprenticeship schemes should be strengthened to bridge the skills gap.
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